News and Announcements

VIRTUAL BRANCH SECURITY ENHANCEMENT

 

 

VIRTUAL BRANCH SECURITY ENHANCEMENT

Virtual Branch has recently implemented a security enhancement for LOGON IDs.  Your LOGON ID now must be between 6 and 50 characters.  It may include letters, numbers and the following special characters _-!@$*( )=+{ }[ ]|.  The LOGON ID can not be the member number, Social Security Number or e-mail addressThe following special characters ~#%^&\<>.?,/ are not allowed in the LOGON ID.   

When logging into Virtual Branch, if your current LOGON ID does not conform with the new requirements, you will be asked to change your LOGON ID to meet the new requirements.  

If you need assistance, please contact our office.

 

 

ILLINOIS UNCLAIMED PROPERTY LAW HAS CHANGED

NOTICE TO CREDIT UNION MEMBERS REGARDING UNCLAIMED PROPERTY

The State of Illinois has enacted a new law governing unclaimed property held in the State.  The Revised Uniform Unclaimed Property Act went into effect on January 1, 2018.  Under this Act, the presumptive period of abandonment for deposit accounts changed from 5 years to 3 years.


As a result, accounts without any owner activity for a 3-year period will be turned over to the Illinois State Treasurer’s Office, upon completion of the owner notification procedure and subject to the criteria set forth in the Act.

 

INACTIVE ACCOUNT FEES

Share ‘A’ savings accounts that have had no deposit, withdrawal or transfer activity for 12 months will be considered an Inactive Account. A $6.00 quarterly inactive fee will be accessed on these accounts. To avoid a quarterly fee, you must make a deposit, withdrawal or transfer on the account once every 12 months (on a rolling calendar, not calendar year). The transaction can be as little as $1.00. Dividends and Inactivity fees do not count as activity. 

 

 

Current Rates

Loan Rates

Account TypeRate
Auto Loans - As Low As 1.99%
Signature Loans - As Low As 8.99%
Share/Certificate Secured Loans Call for Rates

Savings Rates

Account TypeRate
Regular Shares 0.08%
B Shares 0.08%
Christmas Club Accounts 0.08%
Share Draft Accounts 0.08%